ANNOUNCED AS TEMPORARYNo
Public procurement localisation
On 24 February 2009, the Paraguayan Finance Ministry specified changes to public procurement policy in relation to the national stimulus plan.
According to the announcement, public bodies that seek to spend money from the stimulus money are to give preference to national goods and services. More specifically, domestic goods shall receive a preferential margin of 70 percent over imported products. In terms of labor, the announcement declares that at least 70 percent of the labor involved in stimulus projects shall come from local employees living in the territory of the contracting public authority.
To revitalise the Paraguayan economy, the government had increased investments in road infrastructure and social housing.
⚑ Please report this page in case you detect an inaccuracy in its content.